REG-Aroundtown SA Aroundtown suspending 2022 dividend payout following increasing uncertainties in markets

Aroundtown SAAnnouncement

28/03/2023 21:45

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   Aroundtown SA (IRSH)
   Aroundtown suspending 2022 dividend payout following increasing
   uncertainties in markets

   28-March-2023 / 22:37 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Public disclosure of inside information according to Article 17 para. 1 of
   the Regulation (EU) No 596/2014 on market abuse (market abuse regulation –
   MAR)

   Issuer: Aroundtown SA

   Aroundtown  suspending   2022   dividend   payout   following   increasing
   uncertainties in markets

   Luxembourg, 28  March 2023  -  The board  of  directors (the  “Board”)  of
   Aroundtown SA (the  “Company” or  “Aroundtown”) has decided  today not  to
   recommend a  dividend payment  for 2022  at the  Company’s annual  general
   meeting  scheduled  for   28  June   2023,  following   the  increase   in
   macro-economic  uncertainty   and  volatility,   with  currently   limited
   visibility on  the  full  impact  of the  current  market  environment  on
   valuations, increasing  financing  costs  and limited  access  to  capital
   markets.

   Contact

   Timothy Wright
   T: +352 288 313
   E: info@aroundtown.de
   www.aroundtown.de

   Important information:

   This announcement does not constitute an  offer to sell or a  solicitation
   of an  offer to  buy  any securities.  The  securities mentioned  in  this
   announcement have not  been and will  not be registered  under the  United
   States Securities act of 1933, as  amended (the “Securities Act”) and  may
   not be offered  or sold  in the United  States absent  registration or  an
   exemption from registration under the Securities Act.

   If any announcements in this document contain forward-looking  statements,
   such statements do not represent facts and are characterized by the  words
   'will', 'expect', 'believe',  'estimate', 'intend', 'contemplate',  'aim',
   'assume' or similar expressions.  Such statements express the  intentions,
   opinions or current  expectations and  assumptions of  Aroundtown and  the
   persons acting together with  Aroundtown. Such forward-looking  statements
   are based on current plans,  estimates and forecasts which Aroundtown  and
   the persons acting together with Aroundtown have made to the best of their
   knowledge,  but  which  do  not  claim  to  be  correct  in  the   future.
   Forward-looking statements are subject to risks and uncertainties that are
   difficult to predict and usually cannot be influenced by Aroundtown or the
   persons acting together with  Aroundtown. It should be  kept in mind  that
   the actual  events  or  consequences  may  differ  materially  from  those
   contained in or expressed by such forward-looking statements.

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   Dissemination of a Regulatory Announcement that contains inside
   information in accordance with the Market Abuse Regulation (MAR),
   transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:          LU1673108939, LU1673108939, XS2114459550, XS1508392625,
                  XS1634523754, XS1752984440, XS2017788592, XS2027946610,
                  XS2055106210, XS2287744721, XS1586386739, XS1639847760,
                  XS1649193403, XS1700429308, XS1715306012, XS1753814141,
                  CH0398677689, XS1761721262, XS1815135352, AU3CB0252955,
                  CA04269KAA12, XS1879567144, XS1877353786, XS1901137106,
                  XS1905592546, CH0460054437, XS1961042915, XS1964701822,
                  XS1966277748, XS1980255779, XS1999746370, XS2023872174,
                  XS2023873149, XS2198981263, XS1843435501, XS2273810510,
                  XS2421195848,
   Category Code: MSCL
   TIDM:          IRSH
   LEI Code:      529900H4DWG3KWMBMQ39
   Sequence No.:  233242
   EQS News ID:   1594915


    
   End of Announcement EQS News Service

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